IPad delays

Apple said US cus tomers who ordered the 3G models of its iPad yesterday won’t receive the tablet computer until May 7, as the com pany clambers to meet demand.

No agenda

House Ways and Means Committee Chairman Sander Levin (D-Mich.) said he wants to take up a broad tax code overhaul starting in 2011, but said the much-discussed value- added tax is “not on the agenda.”

EMI help

Guy Hands’ Terra Firma Capital is plan ning to ask investors for $552 million to help EMI meet its debt obliga tions for the next five years, a source said.

CalPERs ties

CalPERS said yester day it was deepening its ties with Leon Black’s Apollo Global Manage ment after seemingly concluding an investiga tion into Apollo’s use of a former CalPERS board member to help win business from the giant pension fund.

GM payback

GM CEO Ed Whitacre plans to announce to morrow that the com pany has paid back the remaining $5.8 billion in government loans.